Insofar as we have auditors general who say it's more expensive, we have others who have proven that it's more effective and efficient. Again, it's really around the risk premium and assumptions that governments make around the risk of delivering these projects, whether it's delay in development of the projects, delay in approvals of the projects, or whether it's risks of construction delay that they would assume under a traditional model of delivery. When you account for those in the P3 model, that represents the transferred risk, and that represents the premium that you are presumably paying for the infrastructure.
On February 23rd, 2021. See this statement in context.